We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues continue to dominate the top 10 rankings in Ernst & Young’s annual Business risks facing mining & metals 2011-2012 report, released today.
Ernst & Young Global Mining & Metals Leader Mike Elliot says in the past 12-18 months at least 25 countries have increased or announced intentions to increase their government take via taxes or royalties. “Resource nationalism is taking other forms as well, including greater controls on foreign participation mandated beneficiation, use it or lose it demands and mandated government participation,” says Elliott.
Vietnam, for example, yesterday announced that export taxes on all kinds of coal would be increased from the current 15 percent to 20 percent as of September 2011, to limit the outflow of the natural resource, according to a new circular issued by Vietnam’s Ministry of Finance. Meanwhile, Indonesia is currently in the process of drafting a new regulation that could ban the export of low-grade coal (below 5100 Kcal/kg) by 2014.
“Resource nationalism reflects the expectation among governments that the sector should be contributing more for the right to exploit natural resources,” he says.
According Ernst & Young, the global skills shortage remains in second spot. Infrastructure access jump from the sixth position last year to the third position this year. The other risks are social license to operate (last year in the 5th position), capital project execution (new), price and currency volatility (9), capital allocation (1), cost management (3), interruptions to supply (new), and the last position fraud and corruption (new).
However, Elliot says it’s the myriad of supply capacity constraints that continue to dominate the risk list, accounting for six of the top 10-including the global skills shortage, capital allocation, infrastructure access, capital project execution, cost management, and interruptions to supply.
“The market is probably excessively optimistic about how much and how quickly new production is going to come on. All these supply capacity risks mean companies are unlikely to be able to capture the premium pricing as quickly. It also impacts the cost profile of projects, so there will need to be a higher rate of return to attract new investment and as a result commodity prices will need to be higher,” Elliot said.
For more details Click here
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
|
|
|
Showing 5666 to 5670 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
|
| |
| |
|